“A multi-unit rental property in a quiet South Hill neighborhood, close to Ithaca College and Upper Buttermilk Park and trails. Ideal for investors, owner-occupants, or multi-generational living, with good separation between living areas. Fully rented with $60,600 gross annual income and an excellent rental history. Each area has its own washer and dryer, and all units have been recently renovated with updated appliances and fresh paint. The two main areas have separate electric meters, while the basement areas share one meter. New septic system installed last year and driveway drainage replaced by the town in April. A great income-producing property that is easy to rent and ready for a new owner.
Single-familyProperty Type
1987Year Built
0.95 acresLot Size
$133Price/Sq.Ft.
Listing by Rebecca Driscoll• Warren Real Estate of Ithaca Inc. (Downtown)
Property is in Good Condition. Surrounded by woods--2 miles to Upper Buttermilk Park. Minutes to downtown Ithaca. Rates are good and the time is right for your opportunity to get into the investment property market in Ithaca!
Public Records
Jan 26, 2012
Sold
$171,700
$58/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$7,545
$27,200 + $272,800
$300,000
2025
$7,545 (+1.6%)
$27,200 + $272,800
$300,000
2024
$7,426 (+2.7%)
$27,200 + $272,800
$300,000
2023
$7,234 (+3.1%)
$27,200 + $240,800
$268,000
2022
$7,014 (+27.1%)
$27,200 + $222,800
$250,000
2021
$5,517 (−1.3%)
$27,200 + $162,800
$190,000
2020
$5,590 (+1.7%)
$27,200 + $162,800
$190,000
2019
$5,498 (+24.5%)
$27,200 + $162,800
$190,000
2018
$4,416 (−2.4%)
$27,200 + $162,800
$190,000
2017
$4,523 (−1.5%)
$27,200 + $122,800
$150,000
2016
$4,591 (−1.1%)
$23,300 + $126,700
$150,000
2015
$4,643 (−28.2%)
$23,300 + $126,700
$150,000
2014
$6,466
$23,300 + $126,700
$150,000
Public record
Beds
6
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
0.95 Acres
Year renovated
—
Finished Sq. Ft.
2,964
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,964
Year built
1987
Style
Multi-Family (2-4 Unit)
County
Tompkins County
APN
502200A00100000010120030000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Ithaca, NY • 14850
Average low and high temperatures (°F)
31
20
35
20
53
31
62
40
68
47
81
59
85
65
80
60
77
55
64
43
50
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 580 King Rd W
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $291,650 and $640,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $292K to $640K.